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Maureen Miller
System Integration and Web Hosting Skills Essential to eSpeed; Spark Revenue Growth Piscataway, NJ, February 29, 2000 - Quadrix Solutions, a leader in systems integration and hosting complex Internet services, today announced that revenues quintupled in 1999 over 1998, two years after the company entered the systems integration and web hosting business. The company's employee base doubled during this same period. "In 1999, we achieved exponential growth and firmly positioned ourselves as a leader in the systems integration and web hosting business," states Bill Van Emburg, Chairman and CFO, Quadrix Solutions. "This year, we plan to expand our operations significantly, to meet the intense demand for our special blend of systems integration, application development and web hosting. We're very proud that since we founded the company in 1994, it has been self-funded. However, as we plan an increase in both our staff and the number of eData Centers across the United States, we are seeking financial partners who share our vision for the future." By 2003, Forrester Research expects hosting revenues will reach $14.6 billion. According to Forrester, almost no Global 2,500 firm can match the data center, network, or staff expertise of a hoster. Firms that have thus far managed to run eCommerce from corporate campuses will be hard-pressed to keep up as traffic loads increase, complexity shoots up, and data center diversity becomes an imperative. The clients at Quadrix Solutions' eData Centers agree and have nothing but praise for Quadrix. According to Elizabeth Rose, VP, Strategic Planning and Electronic Commerce, BMG Direct Marketing, Inc., "The Internet is at the heart of our business activities. Quadrix Solutions ensures the stability, reliability and high performance that our site must provide." Rose adds, "Outsourcing is too important to be handled by a vendor, it needs to be handled by a partner. We treat Quadrix as an extension of our business, and they respond in kind." Quadrix Solutions' affiliation with best-of-breed technology companies also instills confidence and trust in its services. Partnerships with companies such as ADIC, Allaire Corp., Art Technology Group, Check Point Software Technologies, Cisco Systems, F5 Networks, Level 3 Communications, RAID Power and Sun Microsystems, make it possible for Quadrix to deliver turnkey, custom solutions at lightning speed, while allowing clients to concentrate on their core business. About Quadrix Solutions Quadrix Solutions (www.quadrix.com), advocates a customer-centric approach concerning mission-critical eBusiness solutions. Employing a one-of-a-kind "Design to Deployment" guarantee, Quadrix Solutions ensures that a site's design specifications match the operational objectives, while guiding clients through the entire eBusiness application lifecycle at eSpeed. This includes designing a comprehensive Internet strategy, developing and deploying enterprise-scale eBusiness solutions and providing the network, system and application management services, in its world-class eData Centers, to ensure a fully operational eBusiness environment. Quadrix Solutions' clients include AT&T, American Cyanamid, BMG Direct Marketing, BMG Entertainment, Bell Atlantic, GetMusic, LEGO Mindstorms, SmartMoney.com and WorldLink Technologies. |